Crowdfunding Site Republic Announces Token Sale

Republic, a site where aspiring businesses can seek investment from the general public, has a new business plan of its own: sell digital tokens that will deliver payouts to investors.
CEO Ken Nguyen revealed the news when he dropped by Fortune's Balancing the Ledger studio this week. He did not provide many details of the plan, which he discusses at the 8 minute mark of the clip above, but said the token sale would occur in a few months.
“There's an equity revenue component to it as well as functionality,” he added, while stating the tokens will be sold on the Republic site as well on...Read more ...